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Fitch stabilizes Rio Oil Finance outlook
Fitch Ratings said it affirmed the long-term series 2014 and 2018-1 notes issued by Rio Oil Finance Trust at BB- and revised the outlook to stable from negative.
“These actions mirror Fitch's revision of Petroleo Brasileiro SA's (Petrobras) outlook on July 18, 2022, and Banco do Brasil SA's outlook on June 1, 2022,” the agency said in a press release.
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